As the year winds to a close we’re revisiting our predictions to see how well they measured up to reality. Let’s dive in!
The Emerging Africa & Asia Infrastructure Fund (EAAIF) announced a $40 million investment to support 2.3 GW of renewable energy projects in Egypt, including the Suez Wind Project and Benban and Wahat solar PV plants.
Denmark’s export credit agency, EIFO, has joined a consortium of international financial institutions to support Ørsted’s latest offshore wind development in Taiwan: the Greater Changhua 4 project, with a generating capacity of 583 megawatts.
Instead, it will focus its efforts in Northwestern Europe and its finance and advisory services. This decision is expected to affect the bank’s invoice financing, factoring, and cross-border financing operations… read more →
COP29 has earned the nickname “finance COP” for its discussion on regulations, investment, and ways to finance the green transition, especially for small and medium-sized enterprises (SMEs) and developing countries. … read more →
The evolution of sustainability standards and regulations is therefore interesting to observe, particularly as the trajectory has not been traditional. Some may say climate change is a crisis, but as it’s been an ongoing process, it’s hard to identify a single date or event as a turning point.
The International Trade Centre (ITC), the UN agency for small businesses, has just released their NDC 3.0 guidelines. Announced yesterday at COP29 in Baku, Azerbaijan, the guidelines provide a way for countries to practically support small and medium-sized enterprises (SMEs) in achieving national climate goals.
Over a dozen export credit agencies and three multilateral financial institutions are attending the forum in Shanghai. This year’s theme, ‘Regional Cooperation in Asia and Global Economic Integration,’ comes as… read more →
The Joint Declaration on Baku Climate Coalition for SMEs Green Transition should help small businesses fully engage in the shift to sustainable business models ahead of COP30 in Brazil next… read more →
Life is different in CEE than it was two decades ago. Over this time, the economies in the region have been characterised by impressive growth, continuous convergence with Western Europe,… read more →